Maine Housing Trend

The housing market across Maine is steady but slow. The prices remain very affordable and there is an ample supply in all price ranges. In Portland, the average price of a house is $121,200. The market has slightly more sellers than buyers, with an adequate supply of available homes in all price categories.

In Newport, the prices are even less and average around $100,000. Houses are on the market for 60 to 90 days before selling. They are getting between 90 and 95% of their sale price. The market is even between buyers and sellers.

In Yarmouth, houses are selling for an average of $212,000. They are on the market for 60 to 90 days before selling. The market is even between buyers and sellers. Buyers are getting close to 95% of the original asking price for their house.